Tax liability of a dth distributor

Tax queries 716 views 2 replies

Brahma Finance

PROPRIETOR

79 Points Joined January 2012

Hello everybody,

A client of mine is a DTH distributor whose ITR4 is to be filed. He is facing problem in following phases:

1. Nature of business (what is to be filled)

2. Is he liable for audit?

3. He has other business of recharges also then how will be his tax liability be calculated??

Thanks

Replies (2)

saurabh jain

Audit Specialist

271 Points Joined August 2008

Originally posted by : Brahma Finance

Hello everybody,

A client of mine is a DTH distributor whose ITR4 is to be filed. He is facing problem in following phases:

1. Nature of business (what is to be filled) - can you send me the ITR 4 on my e-mail id. most probably it will be others.

2. Is he liable for audit? - it will depend on his receipts of his business.

3. He has other business of recharges also then how will be his tax liability be calculated?? he can consolidate the income of both businesses.

Thanks

See the answers in front of your questions. and mail me on cacssourabhjain @ gmail.com for any doubt

Brahma Finance

PROPRIETOR

79 Points Joined January 2012

Mr jain, should he maintain books of accounts too, I mean he is a distributor getting commission from his sales with average turnover around 40 lacs and income around 150000.